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SCO to Discuss Interbank Cooperation Remotely

23 April 2020
Вопросы межбанковского сотрудничества в рамках ШОС будут обсуждены в дистанционном формате

The Shanghai Cooperation Organisation Interbank Consortium (SCO IBC) will hold a seminar chaired by Igor Shuvalov, Chairman of the State Development Corporation VEB.RF, via videoconference on 23–24 April. In addition to members of the SCO IBC, the event, which is being organized by the Roscongress Foundation, will also be attended by representatives of a number of banks from SCO observer countries and dialogue partners.

Participants in the Seminar will discuss the experience of using public-private partnerships (PPP) in infrastructure projects. They will also assess the potential challenges to the PPP market of the SCO countries and ways of dealing with them.

The discussion will also focus on increasing the role of national currencies in operations between the SCO member states, measures to support national bank regulators to promote deposits and account settlement in the SCO countries’ currencies, as well as practical aspects of using national currencies in international trade, lending and investment.

A separate session will be devoted to the participation of SCO development institutes in shaping the urban environment.

Official website of the Russian Federation’s presidency in the Shanghai Cooperation Organisation (SCO):